Abstract

The focus of this paper is to examine the impact of COVID-19 on the macroeconomic variables in the US economy. The paper is discussed in four sections. In the first section, the definitions of the various variables used in the study are given. Section 2 is devoted to a review of some literature related to these issues. In the third section, the data and methodology are outlined, and the fourth section focuses on the study of two Macro Variables (Inflation and Gross Domestic Product) and the COVID-19 impact. Inflation and GDP exhibited a positive relationship. The main conclusion from the analysis is that, although there is a positive relationship between GDP and inflation in both models, the COVID factor is weak.

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